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Canopy Growth Corp T.WEED

Alternate Symbol(s):  T.WEED.DB | CGC

Healthcare Drug Manufacturers - Major Cannabis Cannabis
Canopy Growth Corporation is a cannabis company. It delivers innovative products with a focus on premium and mainstream cannabis brands, including Doja, 7ACRES, Tweed, and Deep Space, in addition to category-defining vaporizer technology made in Germany by Storz & Bickel. The principal activities of the Company are the production, distribution and sale of a diverse range of cannabis and cannabinoid-based products for both adult-use and medical purposes under a portfolio of distinct brands in Canada. Its Canada cannabis segment includes the production, distribution, and sale of a range of cannabis, hemp, and cannabis related products in Canada. International markets cannabis segment includes the production, distribution, and sale of a range of cannabis and hemp products internationally. Storz & Bickel segment includes the production, distribution, and sale of vaporizers. This Works segment includes the production, distribution and sale of beauty, skincare, wellness and sleep products.


TSX:WEED - Post by User

Canopy Growth Corp > omg
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Comment by BrokerGon May 06, 2024 3:36pm
118 Views
Post# 36025599

RE:omg

RE:omgWell , charlie007, the recent dilution wax to pay off debt and gives them 2 years of operating cash, so that is a wash in my books. Medical sales in Canada have gone down, but Canopy can make that up in Germany, and the US states that have legalized medical marijuana. High taxes- the rate of tax has not changed so this is not new news for the market. 

Don't get me wrong no one hates this company more than me, I am just trying to rationalize the last 4 days of decreasing stock prices. Is the market really saying, we don't believe the US will reschedule? or that re-scheduling make take awhile so we are out?
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